surges

Mexico’s monarch butterfly population surged 64 percent this winter, raising hopes for the endangered species’ spring migration to the United States and Canada.

Published on 18/03/2026 – 16:20 GMT+1•Updated
16:25

Brent crude oil prices reached $110 a barrel on Wednesday afternoon, after Iranian state media reported that part of the South Pars gas field, the largest plant in Iran, and the Asaluyeh oil facility were struck by Israel.

ADVERTISEMENT

ADVERTISEMENT

Moreover, the US oil benchmark WTI also rose and is trading at $98 a barrel at the time of writing.

In response to the latest Israeli attacks, the IRGC announced that some Gulf energy sites are once again “legitimate targets”.

The prospect of escalation and prolongation of the conflict in the Middle East, resulting in further destruction of energy infrastructure, and consequently disruption to global markets, has sent oil prices higher once again.

The climb occurs despite other positive news that would normally have a dampening effect on energy markets.

Saudi Arabia confirmed on Wednesday that its biggest oil refinery, Ras Tanura, restarted operations on 13 March.

Additionally, the Trump administration officially announced a 60-day waiver of the Jones Act, a century-old maritime law that restricts the movement of cargo between US ports to vessels that are American-built, American-owned, American-flagged and crewed.

However, in the face of increased tensions and more attacks on oil infrastructure, these potentially mitigating developments have not had any effect in taming prices.

Trump administration confirms Jones Act waiver

The White House Press Secretary, Karoline Leavitt, confirmed the Trump administration’s decision to issue a 60-day waiver of the Jones Act.

The measure lifts the restriction on the movement of cargo between US ports, allowing foreign tankers temporarily and cheaply to transport vital resources such as oil, gas and fertilisers along the US coastline.

In a post on X on Wednesday, Leavitt explained that the decision is “just another step to mitigate the short-term disruptions to the oil market as the US military continues meeting the objectives of Operation Epic Fury.”

The last Jones Act waiver was issued in October 2022 for a tanker supplying Puerto Rico after Hurricane Fiona.

Before that, the Biden administration temporarily eased the law in 2021 for refiner Valero Energy, after a cyberattack crippled a major East Coast fuel pipeline.

Trump renews pressure on allies to secure the Strait of Hormuz

In a separate development, US President Donald Trump has renewed pressure on allies to join a naval escort mission in order to secure the Strait of Hormuz and normalise the circulation of vessels in the region.

In a post on Truth Social, President Trump argued that allied countries need to use the Strait of Hormuz while the US does not, and warned that they could be left managing it on their own in the aftermath of the war.

Since President Trump’s original request, no firm commitments have emerged, but on Monday, the Wall Street Journal reported that the White House plans to announce as early as this week that multiple countries have agreed to join the escort mission.

The report also stated that officials are still deliberating whether such an operation would start before or after the war ends.

After meeting in Brussels, EU foreign ministers discussed extending the bloc’s Aspides naval mission to the Strait of Hormuz, but ultimately declined to participate.

Tourism consultant David Evans has warned that the cost of flying is likely to rise sharply

A travel expert has advised folks to snap up flights now in anticipation of a predicted ‘surge’ in airfare costs. Tourism consultant David Evans revealed that aviation fuel prices have rocketed by 70 per cent in the wake of the US-Israeli strikes on Iran.

Speaking on BBC Radio 5 Live, he suggested that this could soon make flying considerably pricier. This situation is likely to be compounded by the financial strain many airlines are under due to the cancellation of numerous flights amid the unrest in the Middle East.

When asked by host Rachel Burden whether people should book now before flight prices soar, Mr Evans responded: “If you can get a flight that you feel is offering you a really good value-for-money price and it is via somewhere like Singapore (then yes).

“It’s also worth bearing in mind that, once all this blows over, which hopefully won’t be too far off, the Middle Eastern airlines will undoubtedly be introducing some attractive fares into the market to try and recoup the demand they’ve lost over the past few weeks.

“According to the data we’ve seen, the cost of jet fuel has risen by about 70 per cent. Fuel accounts for roughly a quarter of an airline’s operating cost, so the maths are pretty straightforward – if the fuel price is climbing that much, it won’t be long before air fares start to rise. If this carries on for many more weeks, travelling is likely to become more expensive.”

READ MORE: Simon Calder issues update for anyone flying with Emirates, Etihad or Qatar AirwaysREAD MORE: Foreign Office issues fresh travel guidance for anyone heading to the US

Mr Evans’ remarks follow revelations that holiday-goers are eschewing Easter trips to traditionally favoured destinations such as Cyprus, Turkey, and Dubai, opting instead for western locations like Spain, Italy, and Portugal, as well as the Caribbean and Mauritius. According to Thomas Cook, bookings to Portugal saw a 42 per cent surge in the fortnight leading up to 13 March.

British Airways has axed some Middle East flight routes until June due to ‘airspace instability’, whilst the UAE and Dubai have been compelled to repeatedly shut down both airports and airspace following retaliatory Iranian strikes. Iraqi officials reported that Iranian strikes over the country on Monday (March 16) were the most intense they had seen throughout the entire war.

“I think the announcement from BA is probably good news in that it gives those people who would otherwise have been in complete limbo thinking, ‘crikey, is this situation going to improve or not over the next few months’ – now they know their flight is cancelled, they can either rebook on a different route or they can get a refund and use the money to either holiday domestically or to go to a different destination, so at least it provides certainty,” Mr Evans added.

“I guess we could say that the 2020s have been a bingo card of doom and this is the square for 2026, but it is also worth saying that the tourism industry and indeed tourists are incredibly resilient.

“Yes, clearly many people are being disrupted if they had either to or from the UK to or via the Middle East, but there are lots of other destinations that are still open for business and lots of other visitors able to get to the UK very easily.”

The continuous clashes between the M23 rebels and the security forces of the Democratic Republic of Congo (DRC) have caused massive displacements and unrest in various communities. Thousands have sought refuge in Ngungu, located in the Bahunde area of the Masisi Territory in North Kivu.

Displaced families arriving in central Ngungu are facing increasingly difficult situations and strained reception from local residents. Humanitarian workers in the area told HumAngle that the continued influx of displaced people is putting overwhelming pressure on host households in Ngungu. 

“Receiving families share the little they have with arriving families, but the situation is becoming untenable,” a humanitarian worker who asked for anonymity for security reasons said. “In several quarters of Ngungu, modest households are currently obliged to welcome three extra families, and promiscuity, lack of food, and insufficient potable water are complicating the daily lives of the displaced persons, who are composed mostly of women and children.”

Local sources said affected communities have received no government intervention, as individuals survive through communal solidarity in an already fragile economic situation.

Community leaders said they have reached out to humanitarian organisations for urgent assistance. Their immediate priorities include distributing food and essential supplies, ensuring access to clean drinking water, and providing healthcare for vulnerable individuals.

“Despite their own personal difficulties, the inhabitants of Ngungu continue to show proof of solidarity towards the displaced persons. The people are organising communal initiatives to share food and temporary shelter,” a local community leader revealed.

Local civic actors stress that while solidarity is commendable, it cannot sustain itself in the long term without structured external assistance. Given the profound needs and increasing vulnerability of displaced persons, the residents of Ngungu are hopeful for a swift response from humanitarian partners to prevent a worsening of the humanitarian crisis in North Kivu.